The comparable sales data (3 recent transactions in AVERY RANCH WEST) supports an estimated value of $397,061. The data suggests a list price between $312,000 and $322,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in AVERY RANCH WEST, this home would be the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (278 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.12 acres versus 0.15 for the typical comp. Buyers in AVERY RANCH WEST have 7 comparable options right now, with asking prices between $294,999 and $455,000. Prices in AVERY RANCH WEST have fallen 0.5% over the last 6 months. A similar home at 14400 Mowsbury DR, Austin TX 78717 carries an adjusted comparable value of $409,538, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in AVERY RANCH WEST. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group